Life relates to trading and trading relates to life. Constantly revealing, unfolding before us as we trade and live, so I write about how my life relates to trading and how I trade the markets. Along the way I share my opinions on anything that evokes my passion or tickles my funny bone trying not to forget that enjoying life is the best part of living.

Tuesday, August 30, 2011

The Daily Note - An Elementary Budget Lesson

I was really surprised by the good news aspect of the report that the USA consumer spending was better than expected in July while the housing market was worse. At the same time, it is still amazes me that credit card spending is up and the reason given is that people are somehow feeling better about the economy. Added on is the report about small businesses still not hiring at a robust pace and the people they hire are working less hours. Somehow it all adds up to be a good sign for the economy.

OK then if spending and credit card debt is good for us and our economy, why don't we all just apply for 10 credit cards each and charge it to the hilt to save ourselves from disaster? I don't get it but maybe I need to go back to school to get this new math.

At the same time, another lesson seems to elude many, including those exalted officers of Congress and the Administration. Therefore the ongoing debate about why the USA was downgraded, the debt ceiling and what needs to be done about our debt. They just can't seem to agree about whether more debt is good math or less debt is good math.

About Me

a posse ad esse or from being able, to being

In trading as in living, We must see the possible in order to create the actual. Through a maze of charts, indicators and endless outlook chatter, we must create our own vision and from that actualize our possibilities. In short, create and realize our dreams.
With my experience and ability to visualize, I can help you realize yours.
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DISCLAIMER

Day Trading with Anni is a blog and website intended for education, entertainment and information only. The content provided herein is not to be construed as recommendations to buy or sell stocks of any kind. They are simply the opinions of the author. It is possible that the editor of this blog may own, buy, or sell stocks presented. All readers, traders, or investors should consult a qualified professional before trading any stock. The author is not an investment advisor. Any investments, trades, and/or speculations made in light of the ideas, opinions, and/or forecasts made by the author are committed at the reader's own risk, financial or otherwise.That said, all content is under copyright by the author.